$2,499,000

For sale

60 Oak Avenue, Richmond Hill (South Richvale) - Single Family for Sale

60 Oak Avenue, Richmond Hill (South Richvale), Ontario, L4C6R7

4 beds5 baths8 parking3,250 ft²45 × 242 ft (10,868 sq ft) lot sizeListed 12 days ago

Overview

This 4-bedroom, 5-bathroom home in Richmond Hill is for sale offering roughly 3,250 sq ft of space. Listed at $2,499,000, it is attractively priced about 16% below the $2,980,000 median asking price in Richmond Hill. It has been on the market 12 days, fresher than the Richmond Hill average of 62 days.

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Description

Stately Custom Residence Nestled In The Prestigious South Richvale Community. This Exceptional Home Offers A Rare Combination Of Timeless Elegance, Superior Craftsmanship And Unparalleled Privacy. Situated On An Extraordinary 45' x 241.5' Deep Lot, The Expansive Grounds Create A Truly Private And Serene Setting, Surrounded By Gorgeous Landscaping And Beautiful Interlocking.The Impressive Natural Stone & Concrete Brick Exterior Leads To A Glamorous Grand Entrance With An Elegant Staircase And Exceptional Architectural Details Throughout. Hardwood Flooring Throughout, Soaring Cathedral And Coffered Ceilings, And Refined Finishes Showcase The Quality And Attention To Detail Found Throughout The Home.The Gourmet Kitchen Is Designed For Both Everyday Living And Entertaining, Featuring A Huge Centre Island And Premium Italian Marble, Granite & Quartz Countertops. A One-Of-A-Kind Solid Concrete Backyard Porch/Terrace Extends The Living Space Outdoors, Overlooking The Beautifully Landscaped Grounds And Offering An Exceptional Private Retreat.A Rare Opportunity To Own A Truly Distinguished Custom Residence In One Of South Richvale's Most Sought-After Neighbourhoods, Offering An Extraordinary Deep Lot, Exceptional Privacy, Elegant Finishes And A Serene Estate-Like Setting. (id:66096)

Property Details

MLS®: N14112878
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 5
Half Baths: 1
Parking: 8
Interior Size: 3,250 ft²
Lot Size: 45 × 242 ft (10,868 sq ft)
Frontage: 45 ft
Storeys: 2
Basement: Finished, Walk-up, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 5.7 x 4.17 meters
Dining room: 5.7 x 4.17 meters
Kitchen: 5.33 x 3.6 meters
Eating area: 4.3 x 4.54 meters
Family room: 4.9 x 4.08 meters
Laundry room: 3.47 x 3.13 meters

Basement

Recreational, Games room: 17.06 x 10.82 meters

Second level

Primary Bedroom: 5.48 x 6.1 meters
Bedroom 2: 4.23 x 3.68 meters

Features

Flooring: Tile, Hardwood, Laminate
Foundation: Concrete
Exterior: Brick, Stone
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

12d

Richmond Hill (South Richvale) listings, avg age

62d

Price / ft²

$769

List price

$2.50M

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 4-bed single family in Richmond Hill (South Richvale) has been listed for 12 days, which is 50 days fresher than the city average of 62. Act while there is still low competition.

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Listed by HC REALTY GROUP INC. · SHUNQI WANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4C)

This home lists at $2,499,000, about 29.1× the local median household income of $86,000.

Carrying it typically needs a household income of about $488,142 (20% down, 25-yr amortization, stress-tested) — roughly 468% above the area median.

Median household income: $86,000
Population: 74,636
Median age: 46
Owner / renter: 70% / 30%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA L4C)

$2,499,000· $769/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $499,800

Min 20%50%

Mortgage payment$10,658/mo

Property tax (est.)$1,116/mo

Total monthly$11,774

Cash Needed to Close

Down payment (20%)$499,800

Land transfer tax$48,950

Est. closing costs$9,997

Total cash needed$558,747

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